Artikel Ilmiah : C1B008070 a.n. MUKSITON ADAM
| NIM | C1B008070 |
|---|---|
| Namamhs | MUKSITON ADAM |
| Judul Artikel | ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI 3 PERIODE RETURN SETELAH INITIAL PUBLIC OFFERING (IPO) DI BURSA EFEK INDONESIA PERIODE 2006-2010 |
| Abstrak (Bhs. Indonesia) | RINGKASAN Penelitian ini berjudul “Analisis Faktor-Faktor yang Mempengaruhi Return Setelah Initial Public Offering (IPO) di Bursa Efek Indonesia Periode 2006-2010”. Tujuan penelitian ini adalah untuk menganalisa pengaruh dari variabel Reputasi Underwriter, Reputasi Auditor, Nilai Penawaran Saham, Persentase Penawaran Saham, Earning Per Share (EPS), Umur Perusahaan, dan Profitabilitas Perusahaan terhadap Initial Return dan Return 1 Bulan. Serta hubungan juga korelasi antara Initial Return dan Return 1 Bulan terhadap Return 1 Tahun. Populasi penelitian ini adalah seluruh perusahaan yang melakukan IPO sedangkan sampel yang digunakan adalah perusahaan yang melakukan IPO di Bursa Efek Indonesia pada tahun 2006 – 2010. Dengan menggunakan metode purposive sampling diperoleh sampel perusahaan sebanyak 72 perusahaan. Penelitian ini menggunakan analisis Regresi Bergandadengan Uji F, Uji t, Uji R2, dan Uji Asumsi Klasik untuk menguji hipotesis penelitian. Berdasarkan hasil Uji F dapat disimpulkan bahwa Reputasi Underwriter, Reputasi Auditor, Nilai Penawaran Saham, Persentase Penawaran Saham, Earning Per Share (EPS), Umur Perusahaan, dan Profitabilitas Perusahaan secara bersama-sama berpengaruh terhadap Initial Return dan Return 1 Bulan. Juga dapat disimpulkan bahwa Initial Return dan Return 1 bulan secara bersama-sama berpengaruh terhadap Return 1 tahun. Sedangkan berdasarkan hasil Uji t, penelitian membuktikan bahwa hanya variabel Profitabilitas perusahaan yang berpengaruh positif terhadap Initial Return 1 hari dan return satu bulan. Sedangkah 6 variabel independen lainnya (Reputasi underwriter, Reputasi Auditor, Nilai Penawaran Saham, Persentase Penawaran Saham, Earning Per Share (EPS), Umur Perusahaan) tidak terbukti berpengaruh terhadap initial return dan return 1 bulan. Kemudian untuk initial return dan return 1 bulan, hanya return 1 bulan yang berpengaruh positif dan signifikan terhadap return 1 tahun. |
| Abtrak (Bhs. Inggris) | SUMMARY This study analysis factors affecting return after initial public offering In Indonesia Stock Exchange during 2006 until 2010. The purpose of this study was to analyze the effect of whether the underwriter’s reputation, auditor’s reputation, value of the share offering, percentage of the share offering, earning per share (EPS), company’s age and profitability towards the one day initial return and one month return after the IPO. The second objectif is to analyzes the effect of one day initial return and one month return toward one year return after the IPO. The population was a company listed on Indonesia Stock Exchange that go public and the sample is a company that doing an IPO during 2008 until 2010. Purposive sampling method used and obtained 72 firms. For statistical analysis, to prove the hypothesis, this research use multiple regression analysis with F Test, t Test, R2 Test, and classic assumption testing. The results for F Test show that underwriter’s reputation, auditor’s reputation, value of the share offering, percentage of the share offering, earning per share (EPS), company’s age and profitability simultanly had no effect toward both of one day initial return and one month return after the IPO. But it conclude that one day initial return and one month return after the IPO had an effect toward one year return after the IPO. For the t Test, the result indicates that only the profitability variable that significantly influence the initial return positively. While six other independent variables (underwriter’s reputation, auditor’s reputation, value of the share offering, percentage of the share offering, earning per share (EPS), and company’s age) had no effect toward initial return and one month return after the IPO. For the one year return regression model, only the one month return that positive and significantly influence the one year return after the IPO |
| Kata kunci | initial return, return, reputasi underwriter, reputasi auditor, nilai penawaran saham, persentase penawaran saham, EPS, umur perusahaan, dan profitabilitas perusahaan. |
| Pembimbing 1 | Dr. Sudarto, ME. |
| Pembimbing 2 | Drs. TOHIR, MM. |
| Pembimbing 3 | |
| Tahun | 2013 |
| Jumlah Halaman | 20 |
| Tgl. Entri | (belum diset) |